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Consider the following statements regarding the office of Directorate of Enforcement or the ED:
1. The administrative control of the ED is under the Department of Economic Affairs, Ministry of Finance.
2. It is mandated with investigation of economic crimes and violations of foreign exchange laws.
3. ED chiefs have fixed tenures of two years, which cannot be extended.
How many of the statements given above are correct?
  • a)
    Only one  
  • b)
    Only two
  • c)
    All three  
  • d)
    None
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Consider the following statements regarding the office of Directorate ...
  • The administrative control of the Directorate was transferred from the Department of Economic Affairs to the Department of Revenue, Ministry of Finance in 1960. Hence, statement 1 is not correct.
  • The Directorate of Enforcement or the ED is a multi-disciplinary organization mandated with investigation of economic crimes and violations of foreign exchange laws. Hence, statement 2 is correct.
  • ED chiefs have fixed tenure of two years and 2021 amendments allow them a maximum of three annual extensions. The amendments adds that the tenure of the Director may be extended by up to one year at a time, till the completion of five years from the initial appointment. Hence, statement 3 is not correct.
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Consider the following statements regarding the office of Directorate of Enforcement or the ED:1. The administrative control of the ED is under the Department of Economic Affairs, Ministry of Finance.2. It is mandated with investigation of economic crimes and violations of foreign exchange laws.3. ED chiefs have fixed tenures of two years, which cannot be extended.How many of the statements given above are correct?a)Only one b)Only twoc)All three d)NoneCorrect answer is option 'A'. Can you explain this answer?
Question Description
Consider the following statements regarding the office of Directorate of Enforcement or the ED:1. The administrative control of the ED is under the Department of Economic Affairs, Ministry of Finance.2. It is mandated with investigation of economic crimes and violations of foreign exchange laws.3. ED chiefs have fixed tenures of two years, which cannot be extended.How many of the statements given above are correct?a)Only one b)Only twoc)All three d)NoneCorrect answer is option 'A'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements regarding the office of Directorate of Enforcement or the ED:1. The administrative control of the ED is under the Department of Economic Affairs, Ministry of Finance.2. It is mandated with investigation of economic crimes and violations of foreign exchange laws.3. ED chiefs have fixed tenures of two years, which cannot be extended.How many of the statements given above are correct?a)Only one b)Only twoc)All three d)NoneCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements regarding the office of Directorate of Enforcement or the ED:1. The administrative control of the ED is under the Department of Economic Affairs, Ministry of Finance.2. It is mandated with investigation of economic crimes and violations of foreign exchange laws.3. ED chiefs have fixed tenures of two years, which cannot be extended.How many of the statements given above are correct?a)Only one b)Only twoc)All three d)NoneCorrect answer is option 'A'. Can you explain this answer?.
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